Who is this course for?
- You may wish to choose the Level 3 Certificate in Bookkeeping to focus solely on developing your bookkeeping skills in order to progress quickly to employment or to focus on becoming a bookkeeper.
- You may also wish to start with this qualification before progressing to complete the Level 3 Diploma in Accounting in order to gain a wider knowledge of accountancy. All exams are computer based and marked by AAT.
What qualifications will I gain?
The purpose of the Level 3 Certificate in Bookkeeping is to ensure that students have the advanced bookkeeping skills necessary to work in a bookkeeping role or to progress to higher level accountancy.This qualification comprises two mandatory units (210 guided learning hours in total):
- Financial Accounting: Preparing Financial Statements
- Tax Processes for Businesses
You will develop the skills needed for financial processes including:
- Accounting principles and concepts
- Advanced bookkeeping
- Preparing financial statements
You will also understand business issues regarding payroll and value added tax.
What will I learn on the course?
Financial Accounting: Preparing Financial Statements -- This unit provides you with the skills required to produce statements of profit or loss and statements of financial position for sole traders and partnerships using a trial balance.
- In employment, you may be required to prepare a portion of, or all, the final accounts and this unit will give you the theoretical knowledge needed to complete that task.
- It will also allow you to understand how final accounts have been produced, either manually or automatically through use of accounting software.
- You will gain the double-entry bookkeeping skills required to record financial transactions into an organisation’s accounts using a manual bookkeeping system. You will take this forward to carry out adjustments, ensuring that the accounts conform to the accruals basis of accounting.
- You will understand depreciation, where the loss of value of a non-current asset during a period is reflected in the profit figure for that period.
- You will also learn to account for allowances for doubtful receivables where account is taken of the likelihood that not all credit customers will pay in full. These adjustments are regularly carried out by employers to ensure accounts give a more accurate view of both the profitability and the financial stability of the organisation.
Tax Processes for Businesses -
- This unit explores tax processes that influence the daily operations of businesses and is designed to.
- Develop your skills in understanding, preparing, and submitting Value Added Tax (VAT) returns to HM Revenue and Customs (HMRC).
- The unit provides you with the knowledge and skills that are needed to keep businesses, employers and clients compliant with laws and practices that apply to VAT and payroll.
- You will learn about legislation and the importance of maintaining your technical knowledge through monitoring updates.
Application Information
What further course options are available?
- Once you have completed this qualification, you may wish to go on and complete the Level 3 Diploma in Accounting.
- If you wish to continue studying and choose to complete one of the full AAT Accounting Qualifications, your achievement/s in this qualification may be transferred to the larger qualifications.
How will this help my career?
The bookkeeping skills developed by studying this qualification will enable a student to seek employment with confidence and/or to progress to the next level of learning. The skills developed while studying this qualification could lead to employment as:- Professional Bookkeeper
- Senior Bookkeeper
- Accounts Manager
- Ledger Manager